Waddell & Associates LLC Boosts Position in Schwab 1000 Index ETF $SCHK

Waddell & Associates LLC raised its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,050,350 shares of the company’s stock after acquiring an additional 63,322 shares during the quarter. Schwab 1000 Index ETF makes up about 5.5% of Waddell & Associates LLC’s portfolio, making the stock its 8th largest holding. Waddell & Associates LLC’s holdings in Schwab 1000 Index ETF were worth $65,857,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Atlantic Union Bankshares Corp bought a new position in Schwab 1000 Index ETF during the 2nd quarter worth approximately $85,000. HBK Sorce Advisory LLC grew its stake in Schwab 1000 Index ETF by 13.2% in the third quarter. HBK Sorce Advisory LLC now owns 142,968 shares of the company’s stock valued at $4,644,000 after acquiring an additional 16,694 shares during the period. Vise Technologies Inc. bought a new stake in shares of Schwab 1000 Index ETF during the second quarter valued at approximately $539,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Schwab 1000 Index ETF during the second quarter worth approximately $263,000. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Schwab 1000 Index ETF in the 2nd quarter worth $824,000.

Schwab 1000 Index ETF Trading Up 0.8%

NYSEARCA SCHK opened at $33.11 on Wednesday. The company has a market cap of $4.95 billion, a P/E ratio of 25.42 and a beta of 1.02. The company has a fifty day simple moving average of $33.13 and a 200 day simple moving average of $32.43. Schwab 1000 Index ETF has a 12-month low of $23.18 and a 12-month high of $33.62.

Schwab 1000 Index ETF Profile

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.